CNBC
Saudi fund Humain invests $3 billion in xAI; xAI holdings converted into SpaceX shares, gaining a significant minority stake
Saudi investment fund Humain put $3 billion into xAI's Series E, with its xAI holdings converted into SpaceX shares and making Humain a "significant" minority shareholder. The transaction reconfigures the shareholder mix of the combined SpaceX–xAI vehicle ahead of planned public-market activity.
